Family Business Planning And Related Services
Hopkins Centrich ’s corporate attorneys are focused on the needs of emerging and established privately-held businesses and provide advice on each step of a business’s growth and progression, from the choice of entity upon formation, through taxable and non-taxable acquisitions and divestitures, to termination of the business through sale or liquidation. Additionally, our attorneys’ expertise in tax law allows them to achieve the most advantageous structure for all commercial transactions involving issues ranging from capital changes, recapitalization and redemptions, ownership transition and succession planning for family-owned businesses, licensing, and business operations. Our transactional planning focuses not only on short-term consequences, but also on how the transaction will affect long-term strategy and development.
We offer a variety legal services as corporate counsel to a diverse client base that includes non-profit corporations, corporations, developing companies, partnerships, closely-held businesses, as well as private individuals such as investors, founders, and inventors. We advise clients on the myriad of business and legal issues that often impact the life of a business enterprise, including the selection, structuring and maintenance of corporate, partnership or limited liability entities, the drafting of a variety of contracts and agreements, and the negotiation of equity and debt financings, mergers and acquisitions, shareholder buy-outs, strategic alliances, joint ventures and asset purchases and sales. We provide advice and counsel, including the drafting of critical documents such as shareholder agreements, operating agreements, executive employment agreements, stock option plans and non-competition and non-disclosure agreements. We also counsel directors and officers on issues related to change of control, personnel and management, indemnification rights, accountability, privacy and other general policy and practice issues, including the legal ramifications of proposed business endeavors.
To meet the needs of owners of closely-held businesses, we leverage the experience of attorneys in the firm who specialize in employment, tax and estate planning services. Since we also represent many family-owned businesses, we frequently assist with succession planning and draft buy-sell arrangements that allow for an efficient transition of a business from one generation to the next.
Family Business Planning and Related Services
- Opportunity Shifting to Younger Business Owners
- Structuring Gifts and Sales of Business Interests
- Service as General Counsel
- Corporate Governance, Including Creation of Advisory Boards and Family Councils
- Deferred Compensation Planning